Articles tagged KiwiSaver

KiwiSaver funds across the board showed an "impressive" returns in the six months to June 30, research firm Morningstar says in its quarterly review of KiwiSaver funds performance and growth, boosted by higher returns from foreign shares and property caused by a 2 percent fall in the value of the New Zealand dollar over that period.

The Financial Markets Authority's (FMA) annual KiwiSaver report yesterday revealed a sharp increase in withdrawals and a slump in new member numbers in the wake of the Government's ramped up HomeStart subsidy for first home buyers and its Budget 2015 decision to remove the NZ$1,000 'kick-start' for new members from last May.

For the convenience of subscribers, here's my weekend column in which I argue the Government should help break the lending drought threatening the Auckland housing building boom by focusing KiwiSaver HomeStart on funding new builds.

For the convenience of subscribers, here's my weekend column in which I argue it's time to think about how a million retiring KiwiSavers could either blow or sensibly use their NZ$100,000 pots when they retire.